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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

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What next after Uganda fails to wake up and smell the coffee?

What next after Uganda fails to wake up and smell the coffee?

Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental regulations. Under the EU's Deforestation Regulation (EUDR), importers into the bloc will have to demonstrate that good

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Focus on oil and gas development will be key priority in 2025/26 budget

Focus on oil and gas development will be key priority in 2025/26 budget

The Ministry of Finance has laid out budget priorities for the 2025/26 financial year, focusing on agro-industrialisation, tourism development, minerals-based industrial development including oil and gas, and science, technology, and innovation. The budget, which will maintain the full m

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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

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Ford Raptor: The king of off-road performance

Ford Raptor: The king of off-road performance

When you look at the Ford Ranger Raptor from the outside, one of the things you will notice is its wide body. The Ford Raptor has a built-in Ford engineering performance that sets it apart from the other Ford pick-up trucks. This, David Mukiibi, a car dealer, says partly explains why the Rap

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Zimbabwe’s new currency faces headwinds five months on

Zimbabwe’s new currency faces headwinds five months on

Five months after its launch, Zimbabwe’s new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the government’s plan to make it the only currency in the market by 2026. The gold-backed ZiG, which stands for Zimbabwe Gold, is the

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Top 100 mid-sized firms urged to embrace digital transformation

Top 100 mid-sized firms urged to embrace digital transformation

Companies participating in this year’s Top-100 mid-sized survey have been advised to invest in digital transformation to scale efficiency and effectiveness. Speaking at the Top 100 Forum on Technology in Kampala yesterday, Mr Sam Barata, the general manager commercial at Nation Media G

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China and Africa on the journey of modernization

China and Africa on the journey of modernization

Themed “Joining Hands to advance Modernization and build a High-Level China-Africa Community with a Shared Future,” the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) was a big success and highlighted the common pursuit of China and African countries in realizing modernizat

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Councilors approve new market rates for Soroti City market

Councilors approve new market rates for Soroti City market

Soroti City councilors have approved new rental charges for Soroti Central Market, aiming to resolve ongoing disputes between city authorities and vendors. During a special council meeting at city hall today, councilors agreed that vendors should begin paying the new rates to generate re

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Don’t blame us for high fees, private schools say

Don’t blame us for high fees, private schools say

Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi

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